In February, Brazil's trade balance achieved a surplus of US$ 4.2 billion, as reported by the Ministry of Development, Industry, Commerce, and Services. This marks a significant improvement from the previous year when the balance recorded a deficit of US$ 467 million. February's figures reflect the highest surplus for the month since 2024, indicating a robust recovery in the country’s trade position.

The surge in oil exports played a pivotal role in reaching this surplus. Although the price of oil saw a decline compared to previous months, the volume of exports significantly increased, contributing to the overall growth in trade. The data indicates that Brazil exported goods worth US$ 26.3 billion and imported US$ 22.1 billion, marking a daily average increase of 28.5% in exports and 5.7% in imports.

Looking forward, the government noted that in March, oil prices are anticipated to rise again due to escalating tensions in the Middle East, suggesting potential fluctuations in future trade balances. The trade surplus achieved in February signals a positive trend for Brazil's economy, indicating recovery after a challenging period marked by deficits.